[ad_1] SINGAPORE/NEW YORK/MELBOURNE (Reuters) – Lockdowns to slow the coronavirus pandemic are pummelling gas demand in the world’s biggest buyers of liquefied natural gas (LNG), pushing Asia’s spot prices to record lows and forcing some
World shares mixed amid hopes for business pickup; oil slips
[ad_1] NEW YORK (Reuters) – Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were dashed by downbeat economic data and a rise in U.S.
Asia stocks set to track soft Wall Street lead amid pandemic worries
[ad_1] NEW YORK (Reuters) – Asian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about falling demand sent oil prices lower. Employees
S&P 500, Dow drop as financial sector declines counter tech gains
[ad_1] (Reuters) – The S&P 500 and the Dow fell on Wednesday as declines in financials and defensive groups countered gains in tech shares and as data showed U.S. private employers laid off 20 million
U.S. tells WTO ‘no valid basis’ for EU tariffs in Boeing-Airbus subsidy fight
[ad_1] WASHINGTON (Reuters) – The United States told the World Trade Organization on Wednesday it has fully complied with WTO findings that Washington state’s now-repealed tax breaks for Boeing were illegal and there was “no
Oil falls to below $30/bbl as glut grows, output cuts eyed
[ad_1] NEW YORK (Reuters) – Oil dropped 4% to below $30 a barrel on Wednesday as U.S. crude stockpiles ticked up and diesel inventories swelled, offsetting OPEC-led cuts in production and hopes for a recovery
New York Times adds record digital subscribers, posts upbeat first-quarter results
[ad_1] (Reuters) – The New York Times Co (NYT.N) crossed five million digital subscribers, adding a record number and withstanding a heavy drop in ad revenue in the first quarter that was dominated by heavy
UK’s Debenhams likely to cut 1,400 jobs as it closes five stores
[ad_1] (Reuters) – British department store group Debenhams said it will shut down five of its stores in Hammerson (HMSO.L) leading to potentially 1,400 job cuts, as it failed to agree rent terms with the
Tech leads Wall Street higher as financials fall
[ad_1] (Reuters) – The benchmark S&P 500 rose modestly on Wednesday, with gains in technology shares offsetting declines in financials and defensive groups as data showing U.S. private employers laid off 20 million workers in
Gold falls over 1% as dollar strengthens, lockdowns ease
[ad_1] (Reuters) – Gold fell more than 1% on Wednesday, pressured by a stronger dollar and expectations that gold supplies will grow as bullion refineries resume operations, and on gradual improvement in investor risk appetite